- JP-listed companies
- YONEX CO.,LTD.
YONEX CO.,LTD.JP:7906
Market cap
¥176.5B
P/E ratio
24.2x
| Mar 31, 2013 | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | |
| Profit (loss) before income taxes | 1,343 | 1,954 | 1,601 | 2,996 | 4,109 | 2,859 | 2,572 | 2,455 | 2,108 | 7,822 | 10,323 | 12,710 |
| Depreciation | 944 | 996 | 1,048 | 1,181 | 1,353 | 1,335 | 1,377 | 1,584 | 1,537 | 1,604 | 1,976 | 2,677 |
| State subsidy | - | - | - | -32 | -270 | - | -85 | -191 | -289 | -172 | -361 | -515 |
| Amortization of goodwill | - | - | - | - | - | - | 8 | 65 | 58 | 58 | 58 | 43 |
| Increase (decrease) in allowance for doubtful accounts | -125 | 3 | -6 | 2 | -14 | -8 | 0 | -7 | 9 | -9 | 34 | 18 |
| Increase (decrease) in provision for bonuses | -42 | 29 | 75 | 110 | 64 | -44 | 7 | -36 | 24 | 198 | 193 | 250 |
| Increase (decrease) in provision for bonuses for directors (and other officers) | -13 | - | - | - | - | - | 21 | 2 | -23 | 63 | -20 | 4 |
| Increase (decrease) in retirement benefit liability | - | 80 | 30 | 101 | 120 | 99 | 43 | 69 | 2 | -133 | -70 | -137 |
| Increase (decrease) in provision for retirement benefits for directors (and other officers) | 11 | -8 | 22 | 28 | 18 | 1 | 27 | -26 | 24 | - | -51 | -209 |
| Increase (decrease) in provision for point card certificates | - | - | - | - | - | - | - | - | 267 | -248 | 1 | 2 |
| Amortization of long-term prepaid expenses | 44 | 60 | 61 | 52 | 56 | 53 | 105 | 79 | 83 | 74 | 84 | 77 |
| Interest and dividend income | -13 | -12 | -11 | -17 | -22 | -34 | -40 | -41 | -31 | -55 | -107 | -103 |
| Subsidy income | - | - | - | - | - | - | - | - | -672 | -61 | -4 | - |
| Interest expenses | 28 | 22 | 20 | 16 | 13 | 13 | 14 | 49 | 36 | 28 | 57 | 92 |
| Foreign exchange losses (gains) | -216 | -279 | -340 | 198 | 308 | -2 | 67 | 109 | -48 | -402 | -309 | -698 |
| Loss (gain) on sale of non-current assets | - | - | -3 | -1 | -0 | -3 | -162 | -2 | -2 | -3 | -35 | -31 |
| Loss on retirement of non-current assets | - | - | 34 | 13 | 3 | 4 | 8 | 27 | 1 | 1 | 48 | 5 |
| Other non-operating expenses (income) | -266 | -21 | 4 | -27 | -16 | -33 | -47 | -43 | -54 | -70 | -128 | -105 |
| Decrease (increase) in trade receivables | -574 | -365 | -1,469 | 269 | -6 | -545 | -594 | 1,680 | 122 | -771 | -2,152 | -1,859 |
| Decrease (increase) in inventories | 452 | -230 | -640 | -1,563 | -1,046 | -15 | -751 | -932 | 301 | -1,652 | -6,644 | 2,870 |
| Increase (decrease) in trade payables | -241 | 136 | -270 | 1,132 | -156 | -93 | 132 | -1,023 | 615 | 1,214 | 2,541 | -804 |
| Increase (decrease) in accrued consumption taxes | 57 | -15 | 29 | -101 | 3 | 153 | -24 | -26 | -237 | 179 | -456 | 314 |
| Decrease (increase) in return assets | - | - | - | - | - | - | - | - | - | -130 | 62 | 56 |
| Increase (decrease) in refund liabilities | - | - | - | - | - | - | - | - | - | 394 | 97 | -18 |
| Increase (decrease) in contract liabilities | - | - | - | - | - | - | - | - | - | 6 | -6 | 1 |
| Decrease (increase) in other assets | 282 | -94 | 800 | -102 | -317 | -20 | -381 | 91 | -60 | -174 | -167 | -268 |
| Increase (decrease) in other liabilities | -18 | -318 | 210 | -5 | 149 | 196 | 328 | -245 | 541 | 1,214 | 475 | 501 |
| Subtotal | 1,754 | 2,065 | 1,992 | 4,252 | 4,351 | 3,916 | 2,767 | 3,640 | 4,316 | 8,567 | 5,437 | 14,874 |
| Interest and dividends received | 14 | 12 | 11 | 17 | 22 | 34 | 38 | 43 | 31 | 47 | 106 | 97 |
| Interest paid | -27 | -24 | -18 | -20 | -13 | -13 | -14 | -49 | -36 | -27 | -56 | -78 |
| Other proceeds | 281 | 309 | 48 | 51 | 45 | 51 | 54 | 51 | 61 | 77 | 130 | 94 |
| Other payments | -22 | -22 | -15 | -23 | -27 | -16 | -6 | -10 | -4 | -7 | -3 | -5 |
| Subsidies received | - | - | - | - | - | - | - | - | 667 | 43 | 33 | - |
| Subsidies received | - | - | - | - | - | - | - | 132 | 289 | 173 | 361 | 515 |
| Income taxes paid | -485 | -618 | -893 | -638 | -1,136 | -1,189 | -556 | -839 | -785 | -1,442 | -3,018 | -3,008 |
| Net cash provided by (used in) operating activities | 1,514 | 1,402 | 1,023 | 3,638 | 3,241 | 2,784 | 2,283 | 2,968 | 4,538 | 7,431 | 2,989 | 12,489 |
| Payments into time deposits | -152 | - | -100 | -100 | -612 | -100 | -157 | -100 | -159 | -448 | -829 | -491 |
| Proceeds from withdrawal of time deposits | 152 | 1,352 | 50 | 100 | 600 | 100 | 100 | 265 | 100 | 190 | 785 | 619 |
| Purchase of property, plant and equipment | -664 | -718 | -1,844 | -3,505 | -2,594 | -951 | -1,642 | -1,443 | -701 | -882 | -3,472 | -6,574 |
| Proceeds from sale of property, plant and equipment | 1 | 1 | 5 | 3 | 0 | 18 | 205 | 3 | 4 | 8 | 44 | 43 |
| Purchase of intangible assets | -144 | -181 | -79 | -118 | -169 | -139 | -52 | -54 | -337 | -815 | -857 | -901 |
| Loan advances | -27 | -10 | -19 | -10 | -9 | -15 | -5 | -13 | -10 | -2 | -10 | -12 |
| Proceeds from collection of loans receivable | 68 | 47 | 42 | 32 | 27 | 17 | 16 | 13 | 11 | 9 | 13 | 17 |
| Other, net | -44 | -45 | -136 | -69 | -189 | -101 | -57 | -4 | -34 | - | -131 | -74 |
| Net cash provided by (used in) investing activities | -811 | 446 | -2,081 | -3,635 | -2,675 | -1,171 | -1,636 | -1,494 | -1,067 | -2,286 | -4,458 | -7,373 |
| Net increase (decrease) in short-term borrowings | 719 | -812 | 69 | -94 | - | 87 | -88 | - | 78 | -86 | - | 2,281 |
| Proceeds from long-term borrowings | - | - | 1,200 | 1,100 | 2,950 | - | - | 84 | - | 350 | 1,700 | 2,140 |
| Repayments of long-term borrowings | -45 | - | - | - | -488 | -566 | -566 | -669 | -648 | -893 | -578 | -705 |
| Repayments of lease liabilities | - | - | - | - | - | - | - | - | - | -344 | -356 | -613 |
| Purchase of treasury shares | -0 | - | - | -0 | -198 | - | -0 | -0 | -0 | -318 | -834 | -1,061 |
| Proceeds from sale of treasury shares | 4 | - | - | - | 198 | - | - | - | - | - | 567 | - |
| Dividends paid | -325 | -325 | -379 | -326 | -446 | -430 | -443 | -442 | -395 | -656 | -960 | -1,228 |
| Dividends paid to non-controlling interests | - | - | - | - | - | - | - | - | - | - | - | -20 |
| Other, net | -13 | -10 | -42 | 42 | 7 | -10 | 4 | -20 | -20 | -15 | -16 | -27 |
| Net cash provided by (used in) financing activities | 341 | -1,147 | 848 | 721 | 2,023 | -919 | -1,092 | -1,317 | -1,281 | -1,964 | -480 | 764 |
| Effect of exchange rate change on cash and cash equivalents | 234 | 278 | 340 | -242 | -219 | 81 | -244 | -131 | 47 | 1,195 | 827 | 880 |
| Net increase (decrease) in cash and cash equivalents | 1,278 | 978 | 130 | 482 | 2,370 | 776 | -689 | 26 | 2,237 | 4,375 | -1,120 | 6,761 |